Coupons and sales are frequently used marketing tactics in which form of competition?

Question

Quizplus · Accepted Answer

Coupons and sales are commonly used marketing strategies in monopolistic competition, where firms try to differentiate their products from competitors through advertising and promotions. In an oligopoly, a small number of firms dominate the market and may collude to maintain high prices, making coupons and sales less likely. Cross-market competition involves firms competing in unrelated markets, while pure competition involves many small firms offering identical products, which may not lend itself well to coupons and sales.

Coupons and Sales Are Frequently Used Marketing Tactics in Which